Sunday, May 10, 2009

Ixia agreed to acquire Catapult Communications, a supplier of 3G and 4G network test solutions. Under the deal, Ixia will pay $9.25 per share in cash, valuating the transaction at approximately $105 million, or $63 million net of Catapult's cash and investments.

Ixia said the acquisition will enable it to provide a single source solution for testing converged IP multiplay service over wireless or wireline networks.

"We're at an inflection point where today's advanced communications are quickly merging into a single, seamless delivery network that combines fixed and mobile communications," said Atul Bhatnagar, President and CEO of Ixia. http://www.ixiacom.com http://www.catapult.com